Ollie's Bargain Outlet (NASDAQ:OLLI) Announces Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Ollie's Bargain Outlet (NASDAQ:OLLI - Get Free Report) issued its quarterly earnings results on Wednesday. The company reported $1.19 EPS for the quarter, missing analysts' consensus estimates of $1.20 by ($0.01), Zacks reports. The firm had revenue of $667.10 million for the quarter, compared to the consensus estimate of $674.61 million. Ollie's Bargain Outlet had a net margin of 9.22% and a return on equity of 13.15%. The business's revenue was up 2.8% compared to the same quarter last year. During the same period last year, the company posted $1.23 EPS. Ollie's Bargain Outlet updated its FY 2025 guidance to 3.650-3.750 EPS and its FY26 guidance to $3.65-$3.75 EPS.

Ollie's Bargain Outlet Stock Performance

NASDAQ:OLLI traded up $1.66 on Friday, hitting $106.88. The stock had a trading volume of 1,162,656 shares, compared to its average volume of 1,091,248. The stock has a market cap of $6.55 billion, a P/E ratio of 31.90, a price-to-earnings-growth ratio of 2.21 and a beta of 0.83. Ollie's Bargain Outlet has a 1 year low of $68.05 and a 1 year high of $120.03. The firm's fifty day simple moving average is $105.16 and its two-hundred day simple moving average is $101.70.

Wall Street Analyst Weigh In

A number of analysts have commented on OLLI shares. JPMorgan Chase & Co. upped their price target on shares of Ollie's Bargain Outlet from $105.00 to $135.00 and gave the company an "overweight" rating in a research report on Wednesday, December 11th. UBS Group increased their price objective on shares of Ollie's Bargain Outlet from $117.00 to $123.00 and gave the stock a "neutral" rating in a research report on Thursday. Citigroup raised shares of Ollie's Bargain Outlet from a "sell" rating to a "buy" rating and increased their price objective for the stock from $64.00 to $133.00 in a research report on Wednesday, December 18th. Truist Financial upped their target price on shares of Ollie's Bargain Outlet from $109.00 to $121.00 and gave the stock a "buy" rating in a report on Wednesday, December 11th. Finally, Piper Sandler lowered their target price on shares of Ollie's Bargain Outlet from $126.00 to $124.00 and set an "overweight" rating on the stock in a report on Thursday. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and nine have given a buy rating to the stock. According to MarketBeat, Ollie's Bargain Outlet presently has a consensus rating of "Moderate Buy" and a consensus target price of $123.08.

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Ollie's Bargain Outlet Company Profile

Ollie's Bargain Outlet Holdings, Inc is a holding company, which engages in the retail of closeouts, excess inventory, and salvage merchandise. It offers overstocks, package changes, manufacturer refurbished goods, and irregulars. The company's products include housewares, food, books and stationery, bed and bath, floor coverings, electronics and toys.